If we know that we are proper objects of approval we can aAv
If we know that we are proper objects of approval, we can:
a)Avoid being judged by others
b)Be somewhat indifferent to the applause and censure of others
c)Avoid the censure of others
d)Be guaranteed to receive the applause of others
Per the AICPA Code of Conduct,” the principle of ________ imposes the obligation to be impartial, intellectually honest and free of conflicts of interest”
Self-interest
Objectivity
Due Care S
ensitivity
Per the AICPA Code of Conduct, accountants must avoid _______ of their judgment
a)Questioning
b)Subordination
c)Training
d)Harmonization
In order to survey our own feelings and motives, it is essential to:
Decide what we really want in life
Get in touch with our own feelings
View them at a distance from ourselves
Follow our intuitions
Auditors are periodically punished for holding an investment in a client. This violates which ethical rule?
Independence.
Integrity.
Non-compliance with GAAP.
Confidentiality
Solution
1) Option (A) Avoid being judged by others
2) Option (B) Objectivity
Objectivity imposes the obligation to be impartial, intellectually honest, and free of conflicts of interest.
3) Option (B) subordination
4) Option (A) Decide what we really want in life
5) Option (A) independence

